Providence Resources (LON:PVR) Shares Pass Above 200 Day Moving Average – What’s Next?

Providence Resources P.l.c. (LON:PVRGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.25 ($0.04) and traded as high as GBX 3.25 ($0.04). Providence Resources shares last traded at GBX 3.25 ($0.04), with a volume of 1,470,563 shares traded.

Providence Resources Stock Performance

The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.02. The stock has a market cap of £34.84 million and a P/E ratio of -3.19. The stock has a fifty day simple moving average of GBX 3.25 and a 200-day simple moving average of GBX 3.25.

About Providence Resources

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Providence Resources P.l.c. operates as an oil and gas exploration company in Ireland. Its principal project is the Barryroe project located in the North Celtic Sea Basin. The company was founded in 1981 and is headquartered in Dublin, Ireland.

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